Driven By iPhones, India's Smartphone Exports Hit Record $9.84 Billion

India's smartphone exports touched a record high of nearly $10 billion in the first quarter of FY27, driven by Apple iPhone shipments, according to the latest data.Smartphone exports by value rose 23.4 per cent to $9.84 billion during April-June, compared to $7.97 billion in the corresponding period of the previous fiscal.Moreover, the US remained by far the largest market for India's smartphone exports during the quarter which showed strong demand for India-manufactured devices.However, the performance also boosted the country's overall electronics exports, with smartphones accounting for 64.8 per cent of total electronics goods exports of $15.2 billion during the April-June period.The latest figures came after the strong momentum witnessed in recent years.According to a report, shipments of 'Made in India' smartphones grew 8 per cent in 2025, driven by a 28 per cent jump in exports, while exports accounted for nearly one-third of all smartphones manufactured in the country.Apple's manufacturing…